Payroll & Billing Specialist II
About the role
HX5 is an award-winning provider of engineering, research and development, and technical services to clients such as NASA and the Department of Defense. Founded in 2004, HX5 is a fast-growing veteran- and woman-owned company with locations nationwide. HX5 is currently seeking a Payroll & Billing Specialist to support a contract with Union personnel. The Payroll & Billing Specialist will compile payroll data to process and maintain payroll records and develop, interpret, and implement complex financial and accounting concepts, or techniques for financial planning and control.
Responsibilities
- Processes payroll data such as hours worked, taxes, insurance, and union dues from time sheets and other records.
- Prepares computer input forms, processes data into computer files, and computes wages and deductions and posts to payroll records.
- Reviews wages computed and corrects errors to ensure accuracy of payroll.
- Records changes affecting net wages such as exemptions, insurance coverage, and loan payments for each employee to update master payroll records.
- Prorates expenses to be debited or credited to each department for cost accounting records.
- Prepares and processes periodic reports of earnings, taxes, and deductions.
- Keeps records of leave pay and nontaxable wages.
- Completes monthly billing to the prime contractor for a Cost Plus Firm-fixed Fee contract.
- Completes monthly project financial reporting requirements to include, but not limited to Contract Deliverables (CDRLS), Funds and Man-Hours Expenditure Reports (FMERS), and Estimates-At-Completion (EAC/ETC)
- Analyzes financial information & labor hour utilization to determine present and future financial performance.
- Reviews costs for contract allowability.
- Responsible for adding/updating Costpoint Projects as needed to include updating and monitoring Project Workforce.
This position has no supervisory responsibilities.
Requirements
- Three years of accounting experience.
- BS Degree in accounting from an accredited university preferred.
- Experience in government contracting is preferred.
- Experience with CBAs and unions preferred.
- Ability to demonstrate discretion, professionalism, and confidentiality a must.
- Ability to maintain a high level of attention to detail required.
Skills
- Knowledge of Deltek software (GCS, Costpoint, Time and Expense)
- Microsoft Office products proficiency
- Proficiency in MS Excel required
Benefits
- Medical/Dental/Vision Insurance
- 401(k) plan with Company Match
- Paid Holidays
- Paid Time Off
- Parental Leave
- Life Insurance
- Tuition Reimbursement
- Medical and Dependent Care Flexible Spending Accounts
- Pet Insurance
Schedule
This is a full-time position requiring 40 hours per week and offers a flexible work schedule Monday through Friday during core business hours. Travel is not required.